Call reports 2022
POTOMAC BANK, INC. — 2022
What POTOMAC BANK, INC. reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 718,866,000 | 739,070,000 | 770,953,000 | 754,110,000 |
| Total loans | 524,116,000 | 572,218,000 | 598,654,000 | 622,584,000 |
| Allowance for loan losses | 5,507,000 | 5,795,000 | 6,025,000 | 6,202,000 |
| Securities available for sale | 88,099,000 | 82,847,000 | 96,555,000 | 88,519,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 635,787,000 | 663,193,000 | 694,203,000 | 665,604,000 |
| Interest-bearing deposits | 485,899,000 | 504,948,000 | 528,354,000 | 503,497,000 |
| Noninterest-bearing deposits | 149,888,000 | 158,245,000 | 165,849,000 | 162,107,000 |
| Equity capital | 68,188,000 | 66,785,000 | 66,857,000 | 69,807,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 5,729,000 | 12,147,000 | 19,269,000 | 27,055,000 |
| Interest expense | 421,000 | 865,000 | 1,389,000 | 2,237,000 |
| Net interest income | 5,308,000 | 11,282,000 | 17,880,000 | 24,818,000 |
| Noninterest income | 1,677,000 | 3,194,000 | 4,695,000 | 6,091,000 |
| Noninterest expense | 4,629,000 | 9,622,000 | 14,638,000 | 19,797,000 |
| Provision for loan losses | 0 | 242,000 | 467,000 | 632,000 |
| Pretax income | 2,356,000 | 4,612,000 | 7,470,000 | 10,113,000 |
| Income tax | 523,000 | 1,014,000 | 1,651,000 | 2,231,000 |
| Net income | 1,833,000 | 3,598,000 | 5,819,000 | 7,882,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 73,608,000 | 75,000,000 | 76,848,000 | 78,539,000 |
| Total capital | 79,115,000 | 80,795,000 | 82,873,000 | 84,741,000 |
| Risk-weighted assets | 522,913,000 | 572,013,000 | 599,484,000 | 622,374,000 |